Updated 3 years ago
Off Market
217 East 31st Street
Kips Bay, Manhattan | Third Ave & Second Ave
10.5 Rooms6 Beds4.5 Baths3,332 Square FeetMulti-Family
$4,500,000
floors / apts4 / 2
Lot Size17'x100'
Built Size17'x49'
ZoneR7B
Building TypeTownhouse
RE Taxes$36,426
Price Per SF
$1,351
Listing Features
- Central AC
Outdoor space and views
- Backyard [45'x17']
- Frontyard [11'x9']
Building Amenities
- Voice Intercom
- Garden
Property Description for 217 East 31st Street
Located on a beautiful tree-lined block in the heart of Kips Bay, this two-family double-duplex townhome is in outstanding structural and mechanical shape and offers tremendous versatility to the discerning buyer. Currently, both duplexes are configured as 3BR/2.5ba apartments with upgraded kitchens; the lower level has an enormous backyard and the upper level offers a cohesive interior stairway directly to a (currently unfinished) roof with open views. There's lovely northern and southern light throughout, terrific storage and an unfinished basement for a total of five usable floors.
Perched on a 17 x 98.75 lot, 217 East 31st Street is a gorgeous property that boasts over 1,700 square feet of FAR/buildable SF and can easily be turned into a gargantuan stunner of a single-family if you desire. (Please consult your architect.) Alternatively, you can keep it as is and live in one while renting out the other, or simply rent both units out and achieve tremendous income without having to deal with those pesky common charges/HOA's. Currently vacant and will be delivered as such. The 6 train is approximately five blocks away. Don't miss your shot at this one-of-a-kind opportunity! Contact us today to schedule your private showing. Kindly note that photos have been virtually staged to provide a sense of scale.
Perched on a 17 x 98.75 lot, 217 East 31st Street is a gorgeous property that boasts over 1,700 square feet of FAR/buildable SF and can easily be turned into a gargantuan stunner of a single-family if you desire. (Please consult your architect.) Alternatively, you can keep it as is and live in one while renting out the other, or simply rent both units out and achieve tremendous income without having to deal with those pesky common charges/HOA's. Currently vacant and will be delivered as such. The 6 train is approximately five blocks away. Don't miss your shot at this one-of-a-kind opportunity! Contact us today to schedule your private showing. Kindly note that photos have been virtually staged to provide a sense of scale.
Listing History for 217 East 31st Street
Now
02/01/2023
$4,750,000 [-$200,000] [4%]
Price Drop by Gabriel Leibowitz
Douglas Elliman
02/01/2023
New Agency by Gabriel Leibowitz
Douglas Elliman
Building Details for 217 East 31st Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/2
Transit and Citi Bike
Subway
33 St
0.22 miles
28 St
0.28 miles
23 St
0.48 miles
Citi Bike
E 31 St & 3 Ave
0.03 miles
2 Ave & E 31 St
0.12 miles
Ferry
East 34th Street
0.44 miles
Kips Bay | Manhattan
Quick Profile
If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.
First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them.
No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 20798TH
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